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Post-demonetisation campaigning for cashless transactions as way to stamp out black money has been stepped up with cybercrime issue needed to be dealt
It's possible to calculate the extent to which the level of digital transactions relates to the underlying trends.
Despite numerous government efforts to popularise digital transactions, India continues to be a cash-dependent economy. This is because the transforma
India is seeing a shift towards greater financial inclusion and women's empowerment. Policies supporting this trend can create a more equitable financ
This brief examines the rapid growth of the global online gaming industry and the consequent increase in cyber threats. Issues such as microtransactions, money laundering, and predatory practices by developers can stymie the industry’s growth potential if not addressed. Many countries’ current gaming-focused regulatory frameworks do not cover these challenges and will need to be revised. India—a significant gaming market—must also conside
As the Digital Ruble becomes more accessible, it promises to revolutionise financial transactions and reshape Russia's financial landscape
Cryptocurrencies have transformed financial transactions and donations, yet the anonymity they offer has been exploited by terrorist organisations
This paper projects the nationwide and state-wise size of India’s Unified Payments Interface (UPI) market under various GDP growth scenarios. The market sizes under these scenarios are expressed in monetary values at the scale of both sub-national units and the Indian economy as a whole. With the help of transactions and market share data from Phonepe, a UPI company, the paper estimates the national and state-wise base case scenario market volu
The bulk of the new banking consumers are digital natives and don’t think of branches as an interface for financial transactions
After a long delay, the government has finally announced the much awaited new foreign trade policy, with thrust export promotion, reducing trade transactions costs, e-commerce, services exports and ease of doing business. It is a welcome relief to see that economic reforms on the trade front are back on track and in full swing.
Tax heavens will exist as long as corrupt corporations and looting dictators do. The only way in which tax heavens can be countered is through technological development, and systems like Swift, which increase transparency of transactions, suggested noted investment analyst Mr. K. Arunachalam.
Prime Minister Manmohan Singh concerned about the looming energy crisis, is determined to expand the contribution of civilian nuclear power to India¿s energy budget. For this it is necessary to remove the shackles imposed by the United States and its friends on international nuclear transactions.
Digital payments are no longer about ensuring that money reaches the intended person or entity. Instead, the data exhaust of the transaction has becom
The ICT supply chain in India is only as strong as its weakest link: the end user. If the user is from rural India, with a limited understanding of the devices and transactions she accesses, her device is a point of vulnerability.
Cross-border payment is one part of the banking sector that has yet to benefit from recent progress in digitalisation. Most international transactions are still processed using a 600-year-old correspondent banking system devised by the Medici.[1] However, this system of manual entry of transactions is not a scalable solution for the burgeoning digital payments space. While this may seem like an issue for institutions, a huge segment of the popul
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